offering price: Ever since the US plant-based meat company Beyond Meat was listed on Nasdaq in May, the capital markets' response to the meat alternative was nothing short of a frenzy, according to Global Times China. Beyond Meat's initial public offering price was 25 177.29 yuan per share, making it one of the most successful IPOs in 2019. Photo courtesy of Whole Perfect Food Meatless meat has been a buzzword that's not only dominating headlines but also a hot investment for investors. Within three months, the alternative meat maker and its investors enjoyed a whopping 840 percent gain from its initial price. Shuangta Food, a company based in East China's Shandong Province that produces pea protein witnessed a 192.5 percent jump of its share price in August compared to the beginning of the year. The investment buzz in the US capital market is well resonated across the Pacific in China.
(news.financializer.com). As
reported in the news.
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